Gerald Maginnis Sells Shares of InTest Corporation
Gerald Maginnis sold 6,000 shares of InTest Corporation on June 17, 2026.
Key Points
- Gerald Maginnis sold 6,000 shares of InTest Corporation on June 17, 2026, with the stock trading around $18.80.
- InTest Corporation has a market cap of $236.2 million and a P/E ratio of 470, indicating high valuation relative to earnings.
- Recent analyst ratings from Lake Street maintained a buy rating with a $19 price target.
Gerald Maginnis sold 6,000 shares of InTest Corporation (NYSE American: INTT) on June 17, 2026. The transaction did not specify a sale price, but the company's stock was trading around $18.80 at the time. This sale was not part of a pre-arranged trading plan.
Insider Buying and Selling at InTest Corporation
In addition to Gerald Maginnis's sale, other recent insider activity includes Joseph Richard McManus Jr., Division President of Electronic Test, selling 233 shares at $16.90 on April 28, 2026. Richard Rogoff, President and CEO, sold 220 shares on the same day at the same price. Earlier, on March 31, 2026, Rogoff purchased 300,000 shares without a specified price.
Other Institutional Activity in InTest Corporation
Royce & Associates LP reduced its holdings in InTest by 123,124 shares, ending with 1,431,896 shares valued at approximately $19.5 million. Vanguard Capital Management LLC added 605,526 shares, bringing its total to 605,526 shares worth about $8.3 million. Ameriprise Financial Inc increased its holdings by 5,964 shares to 527,034 shares, valued at $7.2 million. Meanwhile, Pacific Ridge Capital Partners, LLC trimmed its position by 15,232 shares, holding 502,299 shares valued at $6.9 million.
InTest Corporation Stock Up 5.8%
Shares of InTest Corporation are currently trading near $18.80. The company has a market capitalization of approximately $236.2 million and a P/E ratio of 470, indicating a high valuation relative to its earnings. The forward P/E is more modest at 29.68. InTest's stock has seen a 52-week low of $6.63 and a high of $20.00. The stock's 50-day moving average is $17.12, and its 200-day moving average is $11.28. The company maintains a current ratio of 2.22 and a quick ratio of 1.20, with a debt-to-equity ratio of 16.77.
Analysts Set New Price Targets
On March 2, 2026, Lake Street maintained its buy rating for InTest Corporation, setting a price target of $19. The consensus among analysts is a buy rating with an average target price of $19.33, based on three analyst opinions.
About InTest Corporation
InTest Corporation, headquartered in Mount Laurel, New Jersey, provides test and process technology solutions for various markets, including semiconductor and defense. The company operates through three segments: Electronic Test, Environmental Technologies, and Process Technologies. InTest designs and sells electronic test systems, thermal management products, and induction heating systems to semiconductor manufacturers and other industries. The company, led by CEO Richard B. Rogoff, employs about 385 people.
Bottom Line
Gerald Maginnis's recent sale of 6,000 shares of InTest Corporation is a notable insider transaction. InTest is a key player in the semiconductor equipment space, and its stock has been trading near its 52-week high. Investors often track insider sales and institutional movements for insights, though these actions don't necessarily predict future stock performance.
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This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
